$VVV 5 minutes, down 1.89%, with the current price at 22.864. There are two possibilities from here:
① It stabilizes and recovers the breakdown level → this move looks more like a shakeout
② The rebound lacks strength and breaks below the 24-hour low of 22.858 → weakness may continue
Personally, I’d rather wait for signs of stabilization before making a judgment. What levels are you watching next?
① It stabilizes and recovers the breakdown level → this move looks more like a shakeout
② The rebound lacks strength and breaks below the 24-hour low of 22.858 → weakness may continue
Personally, I’d rather wait for signs of stabilization before making a judgment. What levels are you watching next?
